Multi-family building with 4 units: Factor 15.19 / Gross yield 6.58%.

Located in a central area of Heide, this multi-family house presents itself as an investment property with development potential. Originally built in 1920 as a farmhouse, the building was converted into a multi-family house with four apartments in 1983. Today, it offers a functional property with approximately 239 m² of living space on a 924 m² plot. The four apartments consist of 2 to 4 rooms, with living areas of approximately 38 m², 54 m², 58 m², and 89 m². All four units are reliably rented to very reliable and pleasant tenants. The rental agreements are all standard and legally sound, provided by "Haus & Grund." A security deposit, equivalent to three months' rent (excluding utilities), is held for each apartment. Currently, the annual gross rental income is €22,980.00, which represents a factor of 15.19 or a gross yield of 6.58%. Rental payments are always made on time, and in recent years, the property has been consistently fully occupied. Heating and utility costs are billed transparently and based on consumption. Accurate meters from the company Brunata have been installed to precisely measure heating and hot water consumption. A company has been contracted to provide winter services. The property includes, among other things, a Vaillant gas central heating system from 2018, which provides both heating and hot water. The heating system is serviced annually by a qualified company. The plastic windows and doors were replaced in 2017 and contribute to the energy efficiency of the property. The anthracite-colored double-panel fence was installed in 2022. The apartments have been progressively modernized in recent years (floors, kitchens, doors, bathroom fixtures, blinds, etc.). The property boasts a long driveway, separate garden areas for each tenant, and a shared shed – ideal for bicycles or garden equipment. The size of the property allows for ample privacy and a variety of outdoor uses. This is a solid investment property with the potential for appreciation, whether for long-term ownership or as a starting point for future renovations. Documents, including a property description, living area calculations, floor plans, energy performance certificate, and elevations, are available and can be provided upon request. The interior photos are from the respective apartment handovers. To protect the privacy of the tenants, please do not enter the property without prior arrangement.

The property is located in a central and well-connected area of the town of Heide, the district capital – a vibrant mid-sized town in the heart of Dithmarschen, with approximately 22,000 residents. Heide is a regional center between the North Sea, the marshlands, and the geest, serving as both a residential and commercial hub with a stable demand for housing. The property's location is characterized by an established residential area and offers a pleasant combination of a peaceful living environment and proximity to essential amenities. A variety of shops, restaurants, cafes, service providers, as well as medical and educational facilities are within walking distance – ideal for daily needs. Due to its proximity to the city center, residents benefit from short distances to the most important areas, including the large market square, pedestrian zone, and cultural attractions. The transportation links are excellent: Heide has a regional railway station with connections in all directions (e.g., to Büsum, Neumünster, and beyond), which facilitates commuting and mobility. Public bus lines complement the local transportation options. Via the nearby A23 motorway, Heide is directly connected to the regional road network, making commutes to cities like Hamburg or surrounding communities comfortable. The location combines a stable demand for housing, good infrastructure, and short distances – factors that sustainably support the rental potential and value stability of this investment property.